Colombia regulator takes control of Interbolsa due to squeeze

BOGOTA, Nov 2 (Reuters) - Colombia's regulator said on Friday that it was taking administrative control over the country's biggest stock brokerage, Interbolsa, over a liquidity problem.

The company, which executes a third of the daily operations on the stock exchange, said on Thursday that it had a ``temporary liquidity constraint'' but continued to operate normally; the announcement caused its shares to plunge 30 percent.